21 Jul 2022

Preventing and detecting fraud – the role of technology | Event recording

At techUK’s ‘Preventing and detecting fraud – the role of technology’ webinar industry experts addressed the fraud prevention and detection challenges faced by banking and financial institutions.

We were delighted to be joined by the following industry experts:

  • Adrian Field, Director of Market Development, OneID
  • Amber Burridge, Head of Fraud Intelligence, Cifas
  • Mark Little Head of Identity Strategy, LexisNexis Risk Solutions
  • Seshika Fernando, VP of Banking and Financial Services, WS02

Speakers highlighted some key technologies, such as digital identity and AI, best practice methods and business standards that organisations can take to minimise risk whilst accelerating digital agendas and business growth, and how the industry be at the forefront of the fight against economic crime.

At this event we also looked at the shifting fraud risk landscape, with a total of over £1.3 billion stolen through fraud and scams in 2021 according to UK Finance report: unauthorised fraud was £730.4 million and authorised push payment (APP) fraud was £583.2 million, with nearly 40 per cent of APP losses due to impersonation scams.  

techUK members have been developing innovative solutions to support regulators and industry address economic crime. While the global crisis has accelerated technological adoption it has exposed new vulnerabilities including new cyber-attack risk. Do engage with us to take part in the work techUK is leading on the fight against fraud.

Find out more and watch the recording for the webinar.

 


 

Hugo Rousseau

Hugo Rousseau

Head of Financial Services, techUK

Hugo joined techUK in March 2019 as the Programme Manager for Financial Services and Payments.

Before joining techUK, he worked in policy and public relations for different bodies and agencies, including the economic and financial services team of the French Prime Minister’s EU affairs department, Edelman and CMS Strategic.

Hugo holds a master’s degree in Public Affairs from Paris Sorbonne University. In his spare time, he enjoys cooking and photography.

Email:
[email protected]
Phone:
020 7331 2054
Twitter:
@techUK
Website:
www.techuk.org
LinkedIn:
https://bit.ly/3mtTGzp

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